Are annuities too good to be true?

Recent reports indicate that the Federal Reserve is expected to raise interest rates again this year. What effect will this have on individual investors and your investment portfolio? 

On today'’s show, Doug discusses interest rates, their significance, CDs, and a bank deposit that may have a higher than average return.

In the second half of the show, annuity specialist Stan Haithcock dissects the myths behind the advertisements and explains that an annuity is simply a contract, not even an investment. Find out why it’'s critical to fully understand the contractual guarantees.

click here to download the podcast
 

Source: http://www.israelnationalnews.com/News/News.aspx/209708

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